Compare StocksADBE vs BR

Adobe Inc. (ADBE) vs Broadridge Financial Solutions, (BR): Which Is the Better Buy in 2026?

As of 2026-08-03, ADBE is undervalued at $250, with a DCF intrinsic value of $554 and a margin of safety of 55%. BR is undervalued at $154, with an intrinsic value of $21337101183 and a margin of safety of 100%. Of the two, BR has the wider margin of safety.

ADBE
Adobe Inc.
$250.41
VS
BR
Broadridge Financial Solutions,
$153.95

Rewards

ADBE
  • Adobe Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
  • Gross margin of 89.4% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • Adobe Inc. scores 100/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
BR
  • Broadridge Financial Solutions, has maintained ROIC above 10% for 4 consecutive years, suggesting solid business economics.
  • Broadridge Financial Solutions, scores 91/100 on the Economic Moat Score (Wide Moat), with revenue predictability as the strongest competitive dimension.
  • Free cash flow has grown at a 41.8% CAGR over the past 4 years, demonstrating strong earnings power growth.

Key Valuation Metrics

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ADBE
BR
Valuation
$9.22B
Free Cash Flow
$1.19B
9.26%
FCF Yield
N/A
14.33
Trailing P/E
16.48
9.11
Forward P/E
14.78
Quality & Moat
37.82%
ROIC
17.10%
62.95%
ROE
42.31%
89.40%
Gross Margin
31.31%
0.68
PEG Ratio
1.06
Balance Sheet Safety
0.13
Net Debt / Equity
1.10
N/A
Interest Coverage
N/A
0.15
Net Debt / EBITDA
1.76
0.00%
Dividend Yield
2.53%
ADBE: 9Ties: 1BR: 1
ADBEBR

Historical Fundamentals

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ADBE

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

BR

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

$1 Retained Earnings Test

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ADBE
$-0.60
created per $1 retained over 3 years
Market Cap Declined
Σ Retained
$18.12B
Δ Market Cap
$-10.93B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
BR
$0.00
created per $1 retained over 3 years
Value Destroyer
Σ Retained
$1.07B
Δ Market Cap
+$89.04
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Discounted Cash Flow (DCF) Analysis

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ADBE
54.8% Margin of Safety
Price is 54.8% below estimated fair value
Current Price: $250.41
Fair Value: $553.74
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
BR
100.0% Margin of Safety
Price is 100.0% below estimated fair value
Current Price: $153.95
Fair Value: $21337101183.30
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued

Reverse DCF — Market-Implied Growth

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ADBE

What growth rate is the market pricing in at $250?

+1.8%
Market-Implied Owner Earnings Growth
Standard FCF implies -0.6%

The market implies +1.8% Owner Earnings growth, below historical trends — potential opportunity.

Standard FCF implies a more demanding -0.6%, reflecting heavy growth investment expected to generate future returns.

BR

What growth rate is the market pricing in at $154?

-21.0%
Market-Implied Owner Earnings Growth
Standard FCF implies -23.3%

The market implies -21.0% Owner Earnings growth, below historical trends — potential opportunity.

Standard FCF implies a more demanding -23.3%, reflecting heavy growth investment expected to generate future returns.

Economic Moat Score

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ADBE
100/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None

Wide moat with strength across all dimensions. ROIC Consistency is the standout factor.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
BR
91/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None

Wide moat with strength across all dimensions. Revenue Predictability is the standout factor.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

Forensic Accounting

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ADBE
-2.85
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
BR
-2.66
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Ownership Breakdown

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ADBE
Insiders 0.2%Institutions 87.8%Retail & Other 12.0%
No. of Institutional Holders3,051
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
BR
Insiders 0.5%Institutions 99.0%Retail & Other 0.6%
No. of Institutional Holders1,451
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

Insider Buying Activity

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ADBE
1
Buys (3M)
1
Buys (12M)
Total value (12M): $1.95M
RICKS DAVID A
Director
$1.95M
@ $194.51 · 2026-06-25
DURN DANIEL JAMES
Chief Financial Officer
$507,758
@ $390.58 · 2025-03-20
RICKS DAVID A
Director
$998,946
@ $443.98 · 2025-01-28
Open market purchases · includes direct & indirect ownership · excludes option exercises
BR
0
Buys (3M)
1
Buys (12M)
Total value (12M): $1.03M
GOKEY TIMOTHY C.
Chief Executive Officer
$1.03M
@ $194.49 · 2026-03-06
Open market purchases · includes direct & indirect ownership · excludes option exercises

Open market purchases · includes direct & indirect ownership · excludes option exercises.

Insider Selling Activity

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ADBE
0
Sells (3M)
4
Sells (12M)
Total value (12M): $1.05M
FORUSZ JILLIAN
Officer
$185,915
@ $246.25 · 2026-04-30
DURN DANIEL JAMES
Chief Financial Officer
$331,355
@ $248.02 · 2026-04-20
DURN DANIEL JAMES
Chief Financial Officer
$485,323
@ $294.85 · 2026-01-27
FORUSZ JILLIAN
Officer
$50,344
@ $337.88 · 2025-10-31
FORUSZ JILLIAN
Officer
$175,828
@ $380.58 · 2025-05-02
FORUSZ JILLIAN
Officer
$145,567
@ $435.83 · 2025-01-28
BELSKY SCOTT K
Officer
$2.05M
@ $431.61 · 2025-01-27
BANSE AMY L
Director
$333,300
@ $550.00 · 2024-12-06
FORUSZ JILLIAN
Officer
$327,987
@ $485.19 · 2024-10-29
BELSKY SCOTT K
Officer
$232,525
@ $483.42 · 2024-10-25
BELSKY SCOTT K
Officer
$1.14M
@ $511.48 · 2024-10-16
DURN DANIEL JAMES
Chief Financial Officer
$3.35M
@ $515.44 · 2024-09-17
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
BR
1
Sells (3M)
8
Sells (12M)
Total value (12M): $43.49M
JARKOWSKI HOPE M.
Officer
$304,720
@ $154.99 · 2026-06-04
DUELKS ROBERT N
Director
$48,728
@ $192.60 · 2026-02-06
CAREY THOMAS PATRICK
Officer
$2.34M
@ $229.26 · 2025-12-03
PERRY CHRISTOPHER JOHN
President
$900,384
@ $226.00 · 2025-11-18
GOKEY TIMOTHY C.
Chief Executive Officer
$1.47M
@ $258.37 · 2025-08-25
GOKEY TIMOTHY C.
Chief Executive Officer
$1.48M
@ $260.87 · 2025-08-18
GOKEY TIMOTHY C.
Chief Executive Officer
$35.10M
@ $260.36 · 2025-08-15
PERRY CHRISTOPHER JOHN
President
$1.85M
@ $262.72 · 2025-08-12
DUELKS ROBERT N
Director
$122,575
@ $245.15 · 2025-06-06
DESCHUTTER DOUGLAS RICHARD
President
$1.20M
@ $245.76 · 2025-06-06
MARKUS MAURA A
Director
$864,408
@ $243.08 · 2025-06-04
DESCHUTTER DOUGLAS RICHARD
Officer
$1.21M
@ $239.55 · 2025-05-27
CARTER PAMELA LYNN
Director
$1.17M
@ $242.23 · 2025-05-20
JARKOWSKI HOPE M.
Officer
$257,615
@ $240.99 · 2025-05-15
CAREY THOMAS PATRICK
Officer
$855,798
@ $237.26 · 2025-05-13
STINGI RICHARD JOHN
Officer
$187,848
@ $234.81 · 2025-05-07
JARKOWSKI HOPE M.
Officer
$251,220
@ $235.22 · 2025-05-07
GOKEY TIMOTHY C.
Chief Executive Officer
$2.87M
@ $245.07 · 2025-04-02
GOKEY TIMOTHY C.
Chief Executive Officer
$22.59M
@ $235.43 · 2025-03-10
PERRY CHRISTOPHER JOHN
President
$5.26M
@ $235.23 · 2025-03-07
DUELKS ROBERT N
Director
$1.99M
@ $237.15 · 2025-02-26
KELLER BRETT A
Director
$1.31M
@ $240.40 · 2025-02-06
MATLIN LAURA
General Counsel
$124,181
@ $241.60 · 2025-02-04
CAREY THOMAS PATRICK
Officer
$3.62M
@ $230.32 · 2024-12-03
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

🎭 Mr. Market's Mood

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ADBE
FearGreed
😨Fear(39/100)

"Market is pessimistic — investigate whether fears are temporary or structural"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
BR
FearGreed
😨Fear(38/100)

"Market is pessimistic — investigate whether fears are temporary or structural"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

⚖️ Buffett Signal

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ADBE
Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Fear (39)
BR
Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Fear (38)
View ADBE Full AnalysisView BR Full Analysis

Frequently Asked Questions: ADBE vs BR

Is Adobe Inc. or Broadridge Financial Solutions, more undervalued in 2026?

Based on our discounted cash flow model, BR trades at a 100.0% margin of safety (intrinsic value $21337101183 vs. price $154), compared to ADBE's 54.8% margin of safety (intrinsic $554 vs. $250).

Which stock has a wider economic moat, Adobe Inc. or Broadridge Financial Solutions,?

ADBE scores 100/100 (Wide moat), while BR scores 91/100 (Wide moat). The moat score measures competitive advantage durability across ROIC consistency, margin stability, revenue predictability, and reinvestment efficiency.

Is Broadridge Financial Solutions, in financial distress?

BR's Altman Z-Score of 1.9 places it in the Grey zone, signaling elevated bankruptcy risk. ADBE scores 8.8 (Safe zone). The Altman Z-Score is a five-factor model that predicts insolvency within two years; scores below 1.81 indicate significant distress.

Which stock has higher return on invested capital, Adobe Inc. or Broadridge Financial Solutions,?

ADBE earns 37.8% ROIC versus BR's 17.1%. A higher ROIC means the company generates more profit per dollar of capital employed, a hallmark of durable competitive advantage in Buffett-style analysis.

ADBE vs BR: Which Is the Better Buy in 2026? | SafetyMargin.io